Studio Owner Career Profile, Salary & Job Outlook
What does a Studio Owner do?
Studio Owners set up and organize a recording studio either by purchasing, constructing, or investing in it. They oversee all creative and business aspects of the studio’s operations.
How much does a Studio Owner make?
According to Comparably, Studio Owners averaged a national yearly salary between $44,190 to $187,200. Still, the income of a studio owner can vary greatly depending on the studio’s revenue and net after-paid wages and taxes.
What impact does this career have towards the music industry?
Studio Owners provide a space for artists to work on their craft and produce material for an audience. In addition, as business owners, they create dozens of employment opportunities within the industry for technical and engineering personnel.
What is the job outlook for a Studio Owner?
Music revenue is forecasted to more than double $131 billion by 2030. In addition, according to the U.S. Bureau of Labor Statistics (BLS), job opportunities in the field (including Studio Owners) are expected to grow at a rate of 9% during the 2019-2029 decade.
How to kick-off your career:
- Network with local artists and producers.
- Understand financial responsibility, and how to save effectively or take out loans.
- Explore the Clive Davis Institute at NYU x Billboard’s Music Essentials online course.
- Download Yellowbrick’s Ultimate Music Career Guide.
Learn from:
Jeff Rabhan
Music Industry Essentials contributor, Clive Davis Institute of Recorded Music Department Chair
Related Careers:
Audio Engineer | Studio Maintenance Engineer | Mastering Engineer | Mixing Engineer | Studio Manager
